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that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
. john boehner doesn't have the leverage he used to have. on a conference call he told house republicans they had to avoid the nasty showdowns that mark so much of the last two years. senate republican leader mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax increases. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they
john boehner talking about the fact on the issue that has divided them on the fiscal cliff issue saying clearly that he does not want to raise taxes. he did say that maybe he would be for some kind of raising some kind of revenue. he didn't say what that means but talked about broad tax reform. on the other side of the capital. you saw right there the senate majority leader harry reid feeling like he has leverage here, it was a clear-cut issue, but also because of the mechanics of it. if nobody does anything, taxes will go up. so democrats realize that, they feel like they are probably right. democrats realize that. >> and there is motivation to do something. >> absolutely. >> there was a private conference call that boehner had with his caucus. what do you know about it? >> we were told this was a call where all house republicans were on it. he was sober and he tried to buck everyone up and said that s we are the last line of defense from an american that barack obama would design. he also had a clear message for rank and file. hold your fire. i need to have running room. i need to hav
or in on the discussions on that, but as far as the different roles are concerned, this is house speaker john boehner's thing. he runs the house. he's the top republican negotiator in this so he's the one who goes to the white house, and he's the one who has to tell them what passes the senate or house. neil: very true. you don't think abt that, but it's who controls the boyds, republicans corol the house. boehner is the powerful player here. as always, thank you. rich edson at the white house, and craig smith in arizona. now, craig, i could be overanalyzing, but i'm beginning to see the inkling of and structuring of is the deal that would potentially save face on republicans on revenues saying it might not be a raise, but closing loopholes and that thing. the president might buy that, might not, but because they left out specifics and boehner left out specifics yesterday, me thinks there is wiggle rooms on revenues. on spendi, then, up to the republicans tosee the democrats open to reigning in the growth of e entitlements so you don't throw grannyff the cliff. how do you score the likelihood of prog
don't have a press conference. john boehner shouldn't have a press conference. get john boehner at a small group of congressman together and say what can we work out? all we're doing is playing politics, everybody will get locked into one position or another, let's see what we can work out and then announce it is something we have agreed upon. that is the way you do it, instead you'rsteadier quebec thy politics that didn't produce what we needed to have. neil: what worries me is this hope is dashed. >> they should have put together a bipartisan group, all they're doing is put on defensive by the self-interest groups they are meeting with. does not make much sense. neil: they made it very clear, nothing from us. and he owes them, right? >> they got him reelected. neil: time is urgent, time to say time is wasting. >> who didn't have to completely ignore the political thank you, but if you sttrted off and have a couple of meetings with the leaders of the democrats in the house and the republicans in the house and in the senate, and do it on a bipartisan basis. the only way it will
steinhouser is following all the developments. >> you were just showing pictures of house speaker john boehner, the top republican in congress, and harry reid, the senate majority leader, he's the top democrat in congress. they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the problem of our fiscal imbalance overnight. certainly won't do it in a lame duck session of congress. and it won't be solved simply by raising taxes or taking a plunge off the fiscal cliff. >> the vast majority of the american people rich, poor, everybody agrees that the rich, richest of the rich have to help a little bit. >> another disagreement, john boehner the house speaker talking about doi
and republican house speaker john boehner are talking about a new spirit of cooperation. but there are battles ahead and we have a team of correspondents covering this fresh start with old players in washington. first, nancy cordes with the president. >> reporter: the president and his family boarded air force one in chicago this afternoon after a visit to campaign headquarters where president obama embraced his campaign manager, jim messina, and elated staffers and volunteers. despite all the talk beforehand of a razor tight race, in the end president obama captured all but two of the states he won in 2008. i just spoke with governor romney and i congratulated him and paul ryan on a hard-fought campaign. (applause) we may have battled fiercely, but it's only because we love this country deeply and we care so strongly about its future. >> reporter: before a cheering crowd of thousands in south chicago, president obama laid out an ambitious second-term agenda: deficit reduction, tax code reform, immigration reform, and energy independence. big goals that have inspired and divided the two partie
boehner -- house speaker john boehner seems to be offering the first olive branch. >> reporter: they brought some defeat for republicans and they need to keep it inside the house and now he is tolling do -- willing to do a little more deal making with president barack obama. house speaker john boehner suggested for the first time a framework to avoid massive spending cuts and tax increases which kick in, in less than two months if congress does not act. >> they are willing to accept some additional revenues via tax reform. >> they have insisted they are willing to okay some tax increases on wealthier americans to avoid the fiscal cliff, and now the president is having his first presidential briefing at the white house this morning and there is some speculation today he could hold a news conference today. reporting live, allison burns, ktvu channel 2 morning news. >>> sad story, a student oakland has died in a fatal atv crash. he apparently hit a tree near corvallis. he was visiting friends and he went out riding yesterday at 4:00 an. the investigation is continuing as to whethe
exclusive. we sit down with the country's most powerful republican, house speaker john boehner. facing a critical deadline. will he and the president finally make a deal? or will this country fall off a cliff of huge tax increases and a new recession? everyone has said, a disaster is looming. >>> face to face. gabby giffords is there as the man who shot her is sentenced. her husband, mark kelly, tells us what was going through their minds. >>> freezing over. the families in the storm zone, huddling in blankets as they're hit with another storm. >>> and band of brothers. our bob woodruff, standing up for heroes tonight. the healing power of rock and roll. ♪ >>> good evening once again from washington, d.c., where the election may be over, but the clock is ticking on an issue affecting every american family. and standing at the urgent crossroads, the president and the speaker of the house, republican john boehner. there is a freight train bearing down on this country, called the fiscal cliff. it made the stock market so nervous today, for the second day in a row, it dropped. and busine
a conversion of interest or views between the president and john boehner. i'm not sure that i see it yet. the president said you have to go to the clinton area, 36% top marginal rate. and you said a few loopholes that's fine but not the real battle we should be undertaking. am i correct? >> now boehner we're back to where we were before the election in some respects. there is a significant core of the republican party that simply will not raise taxes under any sixths. they will not raise rates. they still feel that they are pledged to grover norquist, maybe not to the american people. not to the constitution, but to grover norquist. therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner
between the president and john boehner. >> that relationship has been pretty, you know, warm behind the scenes. they both get along pretty well personally. and they both have challenges in their own parties and coming into a deal that cuts entitlements and raises tax revenue. john boehner really reached out the last couple of days to the president on a series of issues, immigration reform. he's now saying that will be a priority next year when republicans wouldn't touch it. that's a big deal. he's also saying, look, i'm willing to support more tax revenue as part of tax reform, just throw me a bone, basically, mr. president, on the rates. >> sure. >> the problem for john boehner is his conference is very conservative. will be more conservative potentially next year. he needs to get their votes and getting their votes, you have to give them something to vote for, not just say, hey, eat it. >> right. >> the president really faces a choice now. does he take this olive branch and return it with another, or play hard ball? now he's in a strong position. and holding a lot of the cards. >>
the time we have. greta's next. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out t
speaker john boehner is doing the dance of the seven veils. ♪ >> a day after the president's re-election, the speaker of the house opened the door to additional tax revenues. >> we're willing to accept new revenue under the right conditions. >> but after that telling peekaboo, boehner pulled back, announcing tax increases are not an option. >> raising tax rates is unacceptable. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> last night, he revealed to diane sawyer that his party was no longer seeking to repeal the affordable care act. >> well, i think the election changes that. it's pretty clear that the president was elected, obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care. >> there may be parts of it that we believe need to be changed. we may do that. no decisions at this point. >> but hours after that interview, boehner shrouded himself once again tweeting, obama care is law of the land but it is raising costs and threatening jobs. our goal has been and will rema
there was john boehner drawing the line not against tax increases, but increases in tax rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst & young 700,000 jobs would be destroyed. we also know that it would slow down our economy. >> president obama from his part came into the east room. he also drew a line, but the line he drew was not insisting on higher tax rates but on higher tax revenues. >>> i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> so, larry, balance is the key for president obama, not necessarily increases in tax rates. signs of conciliation on both sides and late this afternoon the bipartisan policy center which has been pushing for a simpson bowles-type solution said they were encouraged by the flexibility shown on both side says. john harwood, appreciate it and let's get reaction, and we have republican whip senator joh
yours. everybody is saying, look, john boehner has talked about the possible of raising revenues, he looks really reasonable now. he hasn't said no. the big question is, we've talked about this since the election, you and i and others, that what's at stake here is whether boehner can actually cut a deal and still remain speaker of the house. that is there isn't a mutiny, there isn't an opening on the right for a rebellion against him. he could not do that last time around in the summer of 2011 when the president tried to reach this grand bargain with him. it was clear to people working with him and in the room, democrats and members of the administration, that he himself would have cut that deal and would have, you know, walked away and held the president's hand and said look what we can do when we're adults in washington. but he was told by members of his own party, if you do that, our speakership is done for. so the question is after this election, does he have any more leverage, any more leeway having suffered the loss? >> and the answer to that question is? >> joy just said, list
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
that will automatically go into effect at the end of the year. speaker of the house john boehner opened the door yesterday to getting the deal done and striking a more conciliatory tone. >> mr. president, this is your moment. we're ready to be led, not as democrats or republicans, but as americans. we want you to lead, not as a liberal or a conservative, but as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> meantime, senate majority leader harry reid said he is open to working together too, but there was a but. >> i'm going to do everything within my power to be as conciliatory as possible. i want to work together. but i want everyone to also understand you can't push us around. we want to work together. >> let me bring in legendary investigative journalist carl bernstein and political reporter for "the washington post" nia ma malika henderson. good morning to you. everybody is sounding cordial, but we still have the same players.
find compromise? house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talki
is expected to give congress about how to avoid that so-called fiscal cliff. also this morning, john boehner will be holding his own news conference. that one is at 8:00. he's expected to sell us the republican position about avoiding that cliff. boehner said he's "the most reasonable guy in washington." he believes he can find common ground with the president. >>> 7:04. they are still counting votes in florida from tuesday's election. but mitt romney's top campaign official in florida now says president obama will win the state. president obama leads romney in florida. the romney campaign in florida says it only expects the president's lead in the state to grow as more ballots are counted. president obama won the election even without florida's 29 electoral college votes. >>> schools are scrambling to readjust their budgets after the passing of the proposition in california. schools will receive $14 billion more over the next four years than they would have if the measure had failed. high-earning californians may have to recalculate their budgets. under prop 30, people making more than $250
congress acts. president obama and house speaker john boehner picked up where they left off in dualing public appearances where both sounded consillatory, but didn't seem to budge much. must add to the president's to do list one more thing. he needs a cia director after general david petraeus resigned admitting to an extramarital affair. joining me now is robert menendez, later chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this is -- leaves a big hole in military or intelligence operations or can they carry on smoothly? >> well, mike morrell, the second in charge, i think, is an excellent individual, has the president's confidence and can carry on in the interim. i don't feel general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. in the interim i believe the agency continued to function under mr. morrell. >> what kind of holes will this leave? >> i have questions about the whole matter. first of all -- excuse me
a longtime democratic members retiring and been replaced. >> and then you have the fiscal votes. john boehner manage to round up republicans on the oversight of the caucus and joined with nancy pelosi and the government kept running. they put together the budget control act. they put together this bipartisan coalition. nobody wanted to take credit for it because it was embarrassing to the republicans to go back home and say, in the end, we are running the government in a bipartisan way. yes, there will be ideological hotheads. but even among those freshmen, when they start feeling the pressure about the fiscal cliff approaching from the big factories, is that what they really want? i think it will get it done. >> it seems to me, there are two factions of the republican party battling for some kind of super mess. and it is the guys in the beltway, john boehner, mitch mcconnell, the leaders reverses the guys outside the beltway. the guys in iowa, rick santorum, the folks in south carolina who gave the primary to newt gingrich. beyond that, i feel -- ever since george of the bush's second term,
to tuesday's election results continues in washington. join us. house speaker john boehner will hold a news conference for it later this afternoon, president obama will speak to the nation. we expect him to speak about the upcoming fiscal cliff. that will be live at 1:05 eastern c-span. j kearney has a briefing schedule that is set for 2:00 p.m. eastern. >> if there is a mandate, is a mandate for us to face the challenges we face. in the weeks and months ahead, we faced a series of challenges and great opportunity. >> the american people want us to work together. they want a balanced approach to everything but especially with the huge deficit and taxes. >> the newly elected congress starts work in january. work is expected on the impending fiscal cliff including the expiration of the bush era tax cuts and possible cuts to domestic and military spending. fall all the debates with live house coverage on c-span and the senate on c-span2. there was a conference yesterday. pollsters participated in a town discussion that talked about economic efforts and how this affects lobbying in the lame- du
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
to raising taxes on the rich? >> there's no question about it. john boehner was sounding, you know, like there might be some way to compromise on that issue. and i love bill crystal, what he had to say about it. who is somewhat of a leader of the more conservative branch of the republican party. so i'm optimistic. but we don't need all the republicans to go along. we need enough rational republicans and then the democrats can provide the rest of of the votes in we get a fair compromise. but anything less than fair that protects the middle class, the president has said he's not going to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went
to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went on fox news and said the wealthy should contribute more. listen to this. >> we know there has to be revenues and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's in the willing to contribute more as long as they know we solved the problem. >> i mean, we know there has to be more revenues. i haven't met a wealthy republican or democrat that's not willing to contribute more. it's amazing what an election can do to some people. >> indeed it does sound as though reality is beginning to intrude because all we've heard up to now is absolute no we won't
house speaker john boehner both laid out ideas to avert the so-called fiscal cliff. tax increases and spending cuts are due to hit in january, but today it seemed the two leaders and the bipartisan deal are still worlds apart. steve handelsman is on capitol hill with more on that. steve? >> you got it right. this is a restart of a high-stakes negotiation between those two men. the president and the speaker. the problem is beginning today where they left off, which is far apart. in a speech at the white house, president obama claimed the election proved most americans agree with his plan. that he calls balanced. cutting spending and hiking taxes to avoid the fiscal cliff. he said he's flexible -- >> but i refuse to accept any approach that isn't balanced. i am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. >> reporter: he's calling in members of congress for fiscal cliff meetings next week. but the main republican negotiator, again, will be speaker joh
and house speaker john boehner. and analysis from the national journal. last night and democrats held on to their senate majority. harry reid talked about the election results. we will hear from republican john bellair. -- john boehner. >> i am glad to be back. it was a late night, early morning. to it is clearly we're going increase our majority. but the results show a number of things. a number of things for certain. one is that we're the party of diversity. look at the results from all over the country. i'm looking forward to working with so many great accomplished centers. i have talked to virtually everyone of them. when i came to the senate, barbara mikulski was it as far as women. now one-third of our caucus is women. the remarkable work done by all these great centers to be. but the election is over and we have enormous challenges ahead of us. they're right here. and we have to sit down and go to work on it now, not wait. this was the message the american people sent from all over and that is they're tired of these partisan gridlocks. they're tired of things like i have one go
speaker john boehner responded this afternoon. >> and for this to work, we need to plan for a serious process. focus on substance, not on the attic at it will require week of work rather than a weekend of photo op. it won't happen around a campfire at camp david or as much i'd like over 18 holes of golf. i think this is going to take time, but if we're all striving for a solution, i'm confident we can get one. >> chris van hollen, a member of the supercommittee on deficit reduction. he knows a lot. good to see you in person. >> it's great to be here. >> we're all running on fumes and now, we have to get on those fumes and solve this problem because the market is right. it is a crisis and it has to be dealt with. what i don't understand is, a little change in the senate, but -- why is it going to happen now. >> first of all, a lot of the republicans in congress have been focused primarily, maybe we can move beyond that objective. the second is the structure of the situation. the cliff creates big risks, also, opportunities. because not resolving the fiscal cliff will create problems fo
to the leaders is we need to work together to resolve this. i would point out that house speaker john boehner in his press conference yesterday echoed the president's sentiments to some extent saying he's willing to work with the president on the issue of taxes. that's the big issue here in washington. so signalling that he would be willing to work with the president. now, will this actually happen? of course, the republican conference is larger than the house, so speaker boehner is saying something in his conference going along with it are two different things. they're in a wait and see mode. we won't see the crisis of debt debate in the summer of 2011. >> i hope you're right. nationally syndicated host and msnbc contributor michael sikonis, and a.b. stott dard, social editor for the hill paper as well as the huffington post. sam stein with us. sam, let's start off with you. speaker boehner says he's open to tax revenue, also spending cuts. similar to the speaker boehner before some of the house republicans got ahold of him, and he basically pulled back on a deal struck with the president. >
in chicago, and house speaker john boehner was already hinting at another major fight in congress over taxes and spending. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers. mr. president, this is your moment. we're ready to be led, not as democrats or republicans, but as americans. >> president obama will make a statement tomorrow in the east room. the automatic spending cuts and tax hikes kicked in january 1st if washington can't reach a deal. a lot of people fear it's going to be a repeat of what happened in 2011 when the republicans 4e8d the debt ceiling hostage to get what they wanted. but thing, i guess, you could say are a bit different. we are two days removed from a landslide victory, as well as a new 55-45 democratic senate majority. the president is also the winner of the popular vote. did you hear that, republicans? winner of the popular vote with the majority of the country supporting him. the only area in government where the democrats fell shot was in the co
looking drab. >> paul: house speaker john boehner extends an olive branch, how much will they give and how will the white house respond? to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. which can relieve pain all day with just two pills. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges that
at this point? we'll find out. >> rita, you had a one on one with john boehner. we'll be seeing him again on monday. it sounds at least like his tone is definitely changed. take a listen. >> i remain optimistic that we'll be able to find common ground. i'm the most reasonable and responsible person here in washington. the president knows this. he knows that he and i can work together. the election is over. >> did you know that john boehner was the most reasonable person in washington? did you know that? >> no. you said that to me last week. he is sort of the adult in the room in a lot of cases. consider the fact that the members of congress who are freshman and sophomores in their first two terms, the highest number since world war ii, we've got all of these new people coming to washington who don't know how the town works, how the legislating process works and everybody sort of wants to fix everything right away and they wanted to fix it on their own terms. john boehner has been around for a long time and sort of knows how these deals work, how to stitch together these things. at the end
cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic growth by 1.5%. if we do what president obama wants us to do and what she just mentioned, it would raise economic growth by 1.25%, so it's more than just tax cuts, it's more than just tax increases, we have to actually reform entitlement programs. there's a lot that needs to be done before january 1st. >> kelly: what say you about this? is angela right, 1.5%, i understand it could be as high as 1.7% if they find agreement. >> number one thing we need to focus on, while the country elected the same congress and everyone is taking their old pos
. >> paul: house speaker john boehner extends an olive branch, how much will they branch, how much will they giveif we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> that's house speaker john boehner vowing to work with president obama on the challenges facing the nation the first the fiscal cliff, a toxic combination of tax increases and automatic spending cuts especially in defense that could take effect january 1st. so, we pointed out in the last segment, republicans held the house with minimal losses despite a big democratic year. can boeh
benefits stay or goes away. john boehner, the speaker of the house, says republicans will accept higher tax revenues but not higher taxes. huh? more when we come back. ♪ ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy? everything. ♪ but you're not ♪ you're the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one... >>> the stakes couldn't be higher. if the united states goes over the fiscal cliff, taxes will rise for nearly 88% of americans next year. we're talking about an average increase of $3500 per household. at the same time, $100 billion in automatic across the board spending cuts will take effect, half in defense, half in non-defense, and a million jobs could be lost. unemployment will jump back to 9% next year and the u.s. economy could be plunged back into recession. avoiding the fiscal cliff will require compromise, something that's been in short supply in washington over the last few years. stephen moore joins me ag
looking drab. >> paul: house speaker john boehner extends an olive branch, how much will they [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges
on the wealthy and that's not something that the republicans want to see. john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower tax taxes, and how can they vote against that. there were twin scourges that were predictedded by the deficit hawks. one, we would have rampant inflation if we had continued deficit spending, and the other that interest rates would necessarily skyrocket. neither has happened. >> quite the opposite. the yield on a ten-year treasury is below 2%. the dollar is basically a safe harbor for global sabers the united states and elsewhere because a lot of other places around the world are much more uncertain than the united states. so it is possible f
age to 67 and cap benefit hikes under social security. obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to
collins, news 4. >>> today president obama and republican house speaker john boehner both laid out ideas to avert the so-called fiscal cliff next year. and it seems clear the two leaders and a bipartisan deal are still worlds apart. keith russell is in our newsroom with more on this high-stakes battle. keith? >> wendy, president obama's first remarks since being re-elected that he and congress have no choice. reach an agreement before the end of the year or taxes will go up for everyone, which could mean another recession. that's a deadline that's looming and the so-called fiscal cliff. in a speech at the white house today, the president said he's open toioids, as long as the wealthiest realize they have to do their part. >> i am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. i'm not going to do that. >> reporter: just about two h r hours before president obama spoke, speaker of the house john boehner had his own news conference saying raising the highest r
troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue to fund the minimum, i i effective governmet that does interfere with growth of private sector, to to so in such a way as to encourage the maximum growth of the private sector is where you get maximum revenue. neil: we're at this cliff, possibility, republicans are under pressure, president said, i'm not budging, -- he left open some details, but he certainly want toss rais
measures have to originate in the house. john boehner talked about the looming fiscal cliff and like the president he also hinted at room for compromise. you have to listen carefully to see the compromise that could be coming. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make cents. others don't. everything, everything on the revenue side and on the spending side has to be looked at. >> senator chuck schumer in new york this morning on msnbc suggested that the right wing might be more willing to accept compromise now. he's being hopeful. let's watch. >> boehner wants to compromise. that's why he gave that speech. you know, boehner is not a hard right guy. he's a incompetent mainstream conservative and i think it's going to work because the hard right a chastened in a lot of ways. >> here is a republican who may not be quite in on what happens happening after the election, jeff duncan. when i look at the results of the election congressman duncan says
a potential financial crisis, can house speaker john boehner and the president find an onslaught of spending cuts and tax hikes? stay with us. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, cle
john boehner even spoke. >> john boehner were nice but the words were still very much the words of this past summer. when the gop was not going to be looking at certain types of tax increases for the wealthy without some type of corresponding offsets. like home mortgaging which is the third real of american tax politics right now. we will see. the words are good, mitchell, was not quite so good. but i think that it would be to them to see if they could go forward and make a deal with the fiscal clip. o'connell also perhaps not quite so good. >>catherine: and perhaps you would have a lot of of the easier pat for this next term? >> if the opponents are smart they could use the hurricane sandy to deal with some how package that with the defic debt ceilin and move this quickly forward and out of the way it could save everybody's face moving forward. we will see if they're that smart. ysidro depending on who you talk to into people are blaming and what people are blaming you. talking about the republicans. again, how much of this would you say is mitt romney or the party not reaching
kumbaya tune. but when you got down to the next center, of course there was a but, you heard john boehner in particular, talking about the fact that on the issue that has divided them over the past year or so on this fiscal cliff issue, taxes, saying very clearly he does not want to raise taxes. but he also put out an olive branch, anderson, he said maybe he would be for some kind of -- raising some kind of revenue. he didn't say what that means but talked about broad tax reform as it relates to entitlement reform. on the other side of the capital. you saw right there the senate majority leader harry reid feeling like he has leverage here, it was a clear-cut issue, but also because of the mechanics of it. if nobody does anything, taxes for everybody will go up. so democrats realize that, they feel like they are probably right. >> and there's motivation to try to do something on that. >> exactly. >> there was a private conference call that boehner had with his caucus. what do you know about it? >> we were told this was a call where all house republicans were invited to this. he was very so
seemed to be that john boehner couldn't bring to the table his side. the president, i thought, was willing to do exactly what you just suggested, to take some heat from the left and of the spectrum, make the deal and make concessions, see what the other side needed and i think boehner on his own could agree to that, he did but couldn't match the gang of six and couldn't get the tea party to go along without a mutiny. >> what of the tea party? we've had an election, the president has been re-elected the senate is now back in -- remains in democratic can hands. republicans are not feeling good about the path forward for the party demographically speaking. how much does this sway does the tea party have in the negotiations? >> we want to get him involved. >> certainly they're neutered from where they were two years ago. all of that -- you saw tight races, michele bachmann squeaked it out, alan west is most likely going down. all that being said we won't know the answer to the power they have until the civil war within the gop plays out. if you have folks like eric cantor, who has
more taxes. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people were wok
is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of say, look, let's do this, this is important to the country, let's move on, we can disagree about lots of other things, but we're going to compromise and move forward. whether that compromise is not raisin
with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than a trillion dollars in cuts, benefit reductions of social security, raising the medicare eligibility age and actually lowering tax rates on the wealthiest americans. now in the end, republicans, what do they do? they rejected the deal. they wanted more and the way to get it was to beat the president of the united states in november. the president fought back almost a year ago. he announced the message of the reelection campaign. the same place where teddy roosevelt gave birth to progressivism. >> we have to ask ourselves, do we want to make the investments we need in things like education and research and high-tech manufacturing, all those things that help make us an economic super power, or do we want to keep in place the tax breaks for the the wealthiest americans in our country? because we can't afford to do both. that's not politics. that's just math. >> this message was no secret. the president campaigned on raising the the top tax rate throughout the past year. >> bu
house? is it john boehner? >> i think the president is the only with one that can sign the agreement. john boehner needs to have an agreement that the house of representatives will pass, and i think whatever the two of them agree on will pass the senate. but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i
twice what they negotiated with john boehner unsuccessfully over a year ago. are you willing to give the government $1.6 trillion of private money, and if you did, what in the hell would they do with it? that's the part i don't get. what would they do with all that money? >> not only that, but let me ask america this. where do you have the money to give to the government? if you want to tax the wealthy, then you tax money that goes to investment in businesses, in venture capital, investments that the wealthy take for the middle class. this government and this administration had a choice to make after the election. do you run center, play a clinton move or do you run hard left? we are seeing the obama that i predicted is going to run hard left. he wants to tax the wealthy. by the way, how do you compromise by first telling someone that you need to come to my position, then give me something else and maybe i'll compromise with you? barack obama is not interested in compromise. keith, you just contradicted yourselves. >> mitch mcconnell has been the guy out there saying it, and all repu
trail thopets have tax cuts making less than $250,000 and you have john boehner saying somewhat saying we don't want to have any tax increases at all. so the pressure is on republicans to budge somewhat and you're going to see the question over the next couple of weeks is how do you see what form does that take. >> what other lessons or headlines do you think we got out of this year's election? >> the next washington you see is going to look a lot like the last washington you saw. you're going to have a democratic white house a democratic senate and republican house. so the question is how much more gridlock are we likely to see? you're probably going to see more gridlock in washington but voters may say we're sick and tired >> and i guess it's kind of appropriate that the new bond film came out this past weekend because the nation's top spy went down as a result of an affair. david petraeus. does it seem as if we have just gotten to the surface of this scandal here? >> there's so many unanswered questions as relates to david petraeus?
to the nation. president obama and house speaker john boehner say they are willing to work with the other to prevent deep spending cuts which could send the country back into a recession. >> on tuesday night we found out that the majority of americans agree with my approach and that means askingthe wealthiest americans to pay a little more in taxes. >> i think it's important for us to come to an agreement with the president. but this is his opportunity to lead. >> and as you know the big issues separating the two parties remains tax cuts. the spokesman says mr. obama will veto any legislation extending tax cuts for or more. boehner says he remains unwilling to raise taxes on the wealthy saying it will hurt small business owners. next week, their first post election negotiations. >> local relief efforts in the wake of super storm sandy have intensified tonight ten days after sandy hit. a fairfax county group is trying to keep the -- help fill the needs of millions in new york and new jersey. live in mcclain loo more on this mission of mercy. >> i can t
, john boehner has left the door open to finding new revenues by reforming the tax code. >> both sides will be looking for ways to claim victory without causing too much trouble for their respective party basis. >> both sides can at least agree on this. the nation cannot plunge off the fiscal clef. -- cliff. >> the president is encouraging congress to go ahead and extend tax cuts for middle-class americans while negotiations continue on the rest of this. >> so what is the fiscal cliff and how could impact your money if congress does nothing? the truth is, it could affect everything from your dog to your 401k to your wallet. -- your job to your 401k to your wallets. it could translate into your taxes going up by $3,500 next year. >> more will be taken out of your check. you'll have less to spend and the impact would be pretty substantial. think of the coffee shop across the street from a plant that makes weapons, for example. the ripple effect on communities, on workers, on families. >> we explain the fiscal cliff in greater detail on wbaltv.com. just click on project economy. an announ
speaker john boehner said do want togop with the president, but they do not want to raise taxes. the two sides cannot come up deal, spending cuts and taxes kick in automatically january 1. one of the nation's most is castingusinessmen forecast. warren buffett says there will recession if spending cuts and higher taxes becomes the law. calling on house make a dealto happen. if 25 republicans decide to pushed the country above party and sign up for something that we do not need to go over the fiscal cliff. >> he says we will not permanently cripple ourselves because 535 people cannot get along. the district need aur help in the search for high-school principal charged in former school employees. atective said there is of thelmar the rest jarrett -- arrest of thelma jarrett. themselvesers turned today.lice earlier more tonightg about the expanding search for a believe shot a manager at a wal-mart. police released three surveillance photos of the suspect. demanded money from employees the wal-mart near one -- near route 198. is askedth information to call police. monitoring the story.ing we
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